How many renters in Granite Falls, MN pay more than 30% of their income on rent?
39.5% (±17.1 points) of renting households in Granite Falls, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
17.5% spend 35% or more.
The median renting household spends 25.3% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 39.5% (±17.1 points)
- Paying 35% or more
- 17.5% (±9.8 points)
- Median share of income
- 25.3% (±5.5 points)
Rent as a share of income in Granite Falls
| Share of income spent on rent | Granite Falls | Yellow Medicine County | Minnesota | United States |
|---|---|---|---|---|
| Less than 15% | 17.1% (±12.2 points) | 30.1% | 12.9% | 12.6% |
| 15% to 19.9% | 2.1% (±2.5 points) | 10.8% | 12.9% | 12.2% |
| 20% to 24.9% | 30.1% (±12.4 points) | 21.0% | 13.9% | 12.6% |
| 25% to 29.9% | 11.2% (±14.0 points) | 8.3% | 12.1% | 11.5% |
| 30% to 34.9% | 22.0% (±14.0 points) | 7.8% | 9.7% | 9.2% |
| 35% or more | 17.5% (±9.8 points) | 22.0% | 38.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Granite Falls against Yellow Medicine County, its state and the nation
| Granite Falls | Yellow Medicine County | Minnesota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 39.5% (±17.1 points) | 29.8% (±8.1 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 17.5% (±9.8 points) | 22.0% (±7.2 points) | 38.4% (±0.5 points) | 41.9% |
| Median share of income | 25.3% (±5.5 points) | 22.2% (±1.9 points) | 29.2% (±0.3 points) | 30.6% |
| Median renter household income | — | $40,188 (±$6,452) | $51,080 (±$531) | $52,966 |
| Median gross rent | $920 (±$172) | $678 (±$66) | $1,280 (±$7) | $1,413 |
In Granite Falls, the share of renters paying 30% or more of income is not measurably different from Yellow Medicine County (29.8%).
It is not measurably different from Minnesota (48.1%).
It is not measurably different from the national figure (51.1%).
In Yellow Medicine County, Granite Falls ranks 9 of 24 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 961 of 2,184.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Granite Falls
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Granite Falls | — | 39.5% (±17.1 points) | — |
| Granite Falls Township | 3.2 mi | 75.0% (±96.0 points) | Not measurably different |
| Minnesota Falls Township | 3.8 mi | 16.0% (±58.7 points) | Not measurably different |
| Wang Township | 6.5 mi | 0.0% (±141.4 points) | Not measurably different |
| Maynard | 7.7 mi | 51.6% (±61.0 points) | Not measurably different |
| Leenthrop Township | 8.3 mi | 0.0% (±141.4 points) | Not measurably different |
| Hanley Falls | 8.8 mi | 12.8% (±38.8 points) | Not measurably different |
| Wood Lake Township | 8.8 mi | 0.0% (±131.9 points) | Not measurably different |
| Hazel Run | 9.5 mi | 7.7% (±77.2 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Yellow Medicine County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Swede Prairie Township | 100.0% (±141.4 points) |
| 4 | Sioux Agency Township | 75.0% (±62.6 points) |
| 5 | Echo | 70.0% (±39.7 points) |
| 6 | Wood Lake | 68.4% (±63.5 points) |
| 7 | Clarkfield | 45.0% (±18.5 points) |
| 8 | Norman Township (Yellow Medicine County) | 40.0% (±116.6 points) |
| 9 | Granite Falls | 39.5% (±17.1 points) |
| 10 | Posen Township | 33.3% (±115.1 points) |
| 11 | Canby | 18.2% (±10.6 points) |
| 12 | Porter | 17.4% (±53.5 points) |
| 13 | Minnesota Falls Township | 16.0% (±58.7 points) |
| 14 | Hanley Falls | 12.8% (±38.8 points) |
| 15 | Hazel Run | 7.7% (±77.2 points) |
Showing 13 of 24 places in Yellow Medicine County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Granite Falls
Are renters in Granite Falls rent-burdened?
39.5% of renting households in Granite Falls pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Granite Falls spend on rent?
The median renting household in Granite Falls, MN spends 25.3% (±5.5 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Granite Falls city, Minnesota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Granite Falls city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Granite Falls city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Granite Falls city, Minnesota (place:25280, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Renters and owners in Granite Falls
- Income and affordability in Granite Falls
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- Homeowner costs in Granite Falls
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- Age of homes in Granite Falls
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- Population growth in Granite Falls
- How long people stay in Granite Falls
- Crowding and facilities in Granite Falls
- Minnesota landlord and tenant rules
- Housing across Yellow Medicine County
- Minnesota places ranked by rent burden
- Housing data for every place in Minnesota